SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB
                                   -----------

[X]      Quarterly  Report Under Section 13 or 15(d) of the Securities  Exchange
         Act of 1934

                        For Quarter Ended: September 30, 2001

                                       OR

[ ]      Transition  Report  Pursuant  to Section 13 or 15(d) of the  Securities
         Exchange Act of 1934

                         Commission File No. 000-1084133

                                MERCURY SOFTWARE
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)

                        Nevada                      52-1146119
              (State of incorporation)       (I.R.S. Employer I.D.)


                     Room 1502, Sunning Court, Hoi Ping Road
                             Causeway Bay, Hong Kong
                            Telephone (852) 2808-4329
          (Address and telephone number of principal executive offices
                        and principal place of business)


         Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the  Securities  Exchange  Act of
1934  during  the  preceding  12 months  (or for such  shorter  period  that the
registrant was required to file such reports),  and (2) has been subject to such
filing requirements for the past 90 days. Yes [ X ] No [ ]

As of October 31,  2001,  the  Registrant  had a total of  19,156,500  shares of
common stock issued and outstanding.

                                       1
<PAGE>

                          PART I: FINANCIAL INFORMATION

ITEM 1:  FINANCIAL STATEMENTS


                                MERCURY SOFTWARE
                          (A Development Stage Company)
                                 Balance Sheets

                                     ASSETS
                                     ------
                                                            Sept.30,  Sept. 30,
                                                              2001      2000
                                                             ------    ------
                                                          (Unaudited)
CURRENT ASSETS
  Cash                                                       $ --     $ --
                                                             ------   ------
    Total Current Assets                                       --       --

                                                             ------   ------

  TOTAL ASSETS                                               $ --     $ --
                                                             ======   ======

                      LIABILITIES AND STOCKHOLDERS' EQUITY
                      ------------------------------------

STOCKHOLDERS' EQUITY

Common Stock, $.001 par value; 25,000,000
 shares authorized; 19,156,500 shares and
  19,156,500 shares issued and outstanding,
   respectively                                              $1,277   $1,277
Additional Paid in Capital                                    2,185    2,185
Deficit Accumulated During the Development Stage             (3,462)  (3,462)
                                                             ------   ------

  Total Stockholders' Equity                                   --       --
                                                             ------   ------

  TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                 $ --     $ --
                                                             ======   ======

                                       2
<PAGE>

                                MERCURY SOFTWARE
                          (A Development Stage Company)
                             Statement of Operations
                                   (Unaudited)

                                                                    From
                                                                Inception on
                                  For the nine months ended      January 29,
                                        September 30,         1997 to September
                                     2001          2000          30, 2001
                               -------------- -------------- ---------------

REVENUES                       $           -  $           -  $            -
                               -------------- -------------- ---------------
EXPENSES
  General & Administrative                 -             102           3,462
                               -------------- -------------- ---------------
    Total Expenses                         -             102           3,462
                               -------------- -------------- ---------------
                               $           -  $         (102)$       ( 3,462)
NET LOSS                       ============== ============== ===============



NET LOSS PER SHARE             $         (.00)$         (.00)
                               ============== ==============

WEIGHTED AVERAGE SHARES
  OUTSTANDING                      19,156,500     19,156,500
                               ============== ==============


                                       3
<PAGE>

                          (A Development Stage Company)
                             Statement of Cash Flows
                                   (Unaudited)

                                                                    From
                                                                 Inception on
                                    For the nine months ended     January 29,
                                           September 30,       1997 to September
                                        2001           2000       30, 2001
                                    ------------- ------------- -------------

Cash Flows from Operating Activities

  Net Loss                          $          -  $        (102)  $   ( 3,462)
  Less Non-Cash Items:
  Shares issued for services                   -            102         1,262

                                    ------------- ------------- -------------
Net Cash Provided(Used) by
    Operating Activities                       -             -         (2,200)
                                    ------------- ------------- -------------

Cash Flows from Financing Activities
   Issuance of common stocks                   -             -          2,200
                                    ------------- -------------  ------------
  Net Cash Provided(Used) by
    Financing Activities                       -             -          2,200
                                    ------------- ------------- -------------

Increase in Cash                               -             -             -
                                    ------------- ------------- -------------
Cash and Cash Equivalents at
  Beginning of Period                          -             -             -
                                    ------------- ------------- -------------
Cash and Cash Equivalents at
  End of Period                     $          -  $          -  $          -
                                    ============= ============= =============



Supplemental Non-Cash Financing Transactions:

  Stock issued for services         $          -  $         102 $       1,262

                                       4
<PAGE>

                                MERCURY SOFTWARE
                          (A Development Stage Company)
                        Notes to the Financial Statements
                               September 30, 2001



                                     GENERAL
                                     -------

MERCURY SOFTWARE(the Company) has elected to omit substantially all footnotes to
the  financial  statements  for the nine months ended  September  30, 2001 since
there have been no material changes (other than indicated in other footnotes) to
the information  previously reported by the Company in their Annual Report filed
on the Form 10-KSB for the year ended December 31, 2000.


                              UNAUDITED INFORMATION
                              ---------------------

The  information  furnished  herein was taken from the books and  records of the
Company without audit.  However, such information reflects all adjustments which
are, in the opinion of management,  necessary to properly reflect the results of
the interim  period  presented.  The  information  presented is not  necessarily
indicative of the results from operations expected for the full fiscal year.


         In this  report  references  to "we,"  "us," and "our" refer to MERCURY
SOFTWARE


                           FORWARD LOOKING STATEMENTS

This Form 10-QSB contains certain forward-looking  statements within the meaning
of the Private  Securities  Litigation  Reform Act of 1995. For this purpose any
statements  contained in this Form 10-QSB that are not  statements of historical
fact may be  deemed  to be  forward-looking  statements.  Without  limiting  the
foregoing,  words  such as "may,"  "will,"  "expect,"  "believe,"  "anticipate,"
"estimate"  or "continue"  or  comparable  terminology  are intended to identify
forward-looking statements. These statements by their nature involve substantial
risks and uncertainties, and actual results may differ materially depending on a
variety of factors,  many of which are not within  MERCURY  SOFTWARE's  control.
These factors include but are not limited to economic  conditions  generally and
in the industries in which MERCURY SOFTWARE may participate;  competition within
MERCURY  SOFTWARE's  chosen  industry,  including  competition  from much larger
competitors;   technological   advances  and  failure  by  MERCURY  SOFTWARE  to
successfully develop business relationships.

                                       5
<PAGE>

ITEM 2:  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATIONS

Results of Operations

Since inception,  we have had no revenues and have experienced  losses.  We have
financed  our  operations  primarily  through the sale of our common stock or by
loans from  shareholders.  The net loss for the nine months ended  September 30,
2001 was $0,  compared  to a net loss of $102 for the same  period of 2000.  The
difference  is  insignificant,  and a  comparison  of  the  two  periods  is not
meaningful,  due to the fact that we have had  minimal  operations  and  nominal
expenses since inception.

Liquidity and Capital Resources

As of September 30, 2001,  we had $0 cash on hand and total current  liabilities
of $0. We have no material  commitments  for the next twelve months.  We believe
that our current  cash needs for at least the next  twelve  months can be met by
loans from our directors, officers and shareholders. Due to our lack of cash and
current  liabilities  since inception,  management  believes a comparison of the
period ended June 30, 2001 and the period June 30, 2000 would not be meaningful.

It  is  emphasized  that  our  management  may  effect   transactions  having  a
potentially  adverse impact upon our shareholders  pursuant to the authority and
discretion of our  management to complete  acquisitions  without  submitting any
proposal to the stockholders for their consideration.

Should a merger or acquisition  prove  unsuccessful,  it is possible that we may
decide not to pursue further  acquisition  activities and management may abandon
its activities and our shares would become worthless.

                                       6
<PAGE>


                           PART II: OTHER INFORMATION


ITEM 6:  EXHIBITS AND REPORTS ON FORM 8-K

         (a)  Exhibits.

              None.


         (b)  Reports on Form 8-K.

              None.




                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned who is duly authorized.


                                MERCURY SOFTWARE

Date: October 31, 2001          By: /s/ Cassandra Dean-Rankin
---------------------           -----------------------------
                                        Cassandra Dean-Rankin, President


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